How Many Unique Black Businesses are you Supporting in August?

πŸ™„ It’s not like me to post twice in a week; however I didn’t want to miss acknowledging Black Business Month πŸ€—. So I ask you πŸ€” how many unique black businesses are you supporting in August?

πŸ“° August is National Black Business Month which is an important time πŸ“… to recognize Black-owned businesses across the country. ✊🏽

🧐 History πŸ“š

Historian John William Templeton πŸ‘΄πŸΎ & engineer Frederick E. Jordan Sr πŸ‘¨πŸΎβ€βš•οΈ founded National Black Business Month in August 2️⃣0️⃣0️⃣4️⃣. The purpose was to β€œdrive the policy agenda affecting the 2.6 million African-American businesses.β€œ πŸ₯³

πŸ™‹πŸ½ Did You Know❓

  • Black business owners account for about 1️⃣0️⃣% of U.S. businesses & about 30% of all minority-owned businesses πŸ€·πŸ½β€β™€οΈ According to theΒ U.S. Census Bureau πŸ› that amounts to approximately 2️⃣ million companies owned by African Americans 😲
  • Nearly 40% of black-owned businesses are in health care πŸ‘©πŸ½β€βš•οΈπŸ‘¨πŸ½β€βš•οΈ & social assistance πŸ§™πŸ½β€β™€οΈ, repair πŸ‘©πŸ½β€πŸ­πŸ‘¨πŸ½β€πŸ­ and maintenance πŸ‘·πŸ½β€β™€οΈ πŸ‘·πŸ½, & personal and laundry services 🦸🏽 πŸ¦ΈπŸ½β€β™‚οΈ
    Other categories include advertising firms πŸ‘©πŸ½β€πŸ’ΌπŸ‘¨πŸ½β€πŸ’Ό, auto dealerships πŸ‘©πŸ½β€πŸ”§πŸ‘¨πŸ½β€πŸ”§, consulting services (that’s AB-FAB Designs πŸ™†πŸ½β€β™€οΈ), restaurants πŸ‘©πŸ½β€πŸ³πŸ‘¨πŸ½β€πŸ³, barbershops πŸ’‡πŸ½β€β™‚οΈ, beauty salons πŸ’‡πŸ½β€β™€οΈ, and more πŸ‘ΈπŸ½ 🀴🏽
  • Among cities, New York πŸ—½ has the most black-owned businesses in the U.S. followed by Atlanta πŸŽ‡. The highest ratio of black-owned businesses is in Washington, DC (my hometown 😘) where 28% of all businesses are black-owned 😎
  • The growth πŸ“ˆ of black-owned franchise businesses has been explosive πŸ’£. In 2012 over 30% of franchise businesses ℒ️ were black-owned 😁, up from about 20% 5️⃣ years previous❣️

πŸ” How Many Unique Black Businesses are you Supporting in August?

  • Support & encourage African American-owned businesses in your community.
  • Learn more about business opportunities for the African American community.
  • Use #NationalBlackBusinessMonth in social media correspondence.
  • Discover more on the Black Business Month website.

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πŸ’Ž Black-owned Items I’m Looking at This Month πŸ’³

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* Show These Amazon Businesses LOVE ❀️ but more importantly πŸ’‘ leave a review πŸ“

Black-owned Restaurants in the DMV HERE

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